The Russian central bank is considering the possibility of launching the so-called regulatory sandboxes for participants of the financial market, when the regulator allows companies or banks to experiment with new technologies without being punished, Deputy Chairwoman Olga Skorobogatova said. “It’s the creation of a regime for banks or participants of the financial market, when…Details
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In August exports of Russian soybean meal equaled 28.9 KMT against 34.6 KMT in the previous month. Total exports in 2015/2016 grew to another record. Russia managed to overcome export lag in May, compared to the previous season, and this tendency remained till the end of the season. In 2015/2016 (September-August) 474.6 KMT of soybean…Details
Two strategic missile carrying bombers Tupolev-95MS take part in the Shanghai Cooperation Organization’s anti-terrorist exercise Peace Mission-2016, currently underway in Kyrgyzstan, an assistant to the commander of Russia’s Central Military District Yaroslav Roshchupkin has said. “The planes took off from the Engels airdrome in the Saratov region, stayed in the air for about nine hours…Details
Public payphones in Russia could notify people in remote areas in emergency situations, and the country needs them in this state, Sergei Kalugin, president of the state-controlled telecom operator Rostelecom, reported. “Probably, payphones are not the most advanced means of communications, but there are situations when it is the only means available, primarily, during critical…Details
In January-August Murmansk Sea Fishing Port handled 202,300 tons of cargo, down by 20.6% YoY, according to the stevedoring company’s statistics. In the reported period, the company handled 119,900 tons of fish products (down by 18.2% YoY). In August, the company handled 28,100 tons of cargo (down by 12.5%) including 15,700 tons of fish products…Details
Ikar, Vim-Avia and Nordavia air carriers have applied for operating international flights from Zhukovsky airport in the Moscow region, according to the documents released by Russia’s Federal Air Transport Agency (Rosaviatsia). The information on flights operated by those companies from Zhukovsky can be found in the draft protocol to the meeting of the interdepartmental commission…Details
John Hyten, the nominee to head US Strategic Command (STRATCOM), vowed in a congressional testimony to work with lawmakers to end the United States’ dependence on Russian-built RD-180 rocket engines. The RD-180 engines under consideration in the 2017 budget help provide a bridge to the next generation launch vehicles being developed, Hyten said. “I pledge…Details